Pound Advances Against Majors
19 January 2017 - 3:45PM
RTTF2
The British pound strengthened against the other major
currencies in the Asian session on Thursday.
The pound rose to an 8-day high of 141.43 against the yen, from
an early low of 140.37.
Against the U.S. dollar, the franc and the euro. the pound edged
up to 1.2335, 1.2396 and 0.8645 from early lows of 1.2253, 1.2340
and 0.8679, respectively.
If the pound extends its uptrend, it is likely to find
resistance around 145.00 against the yen, 1.26 against the
greenback, 1.26 against the franc and 0.84 against the euro.
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